Market Overview

RM LAW Announces Investigation of Cascadian Therapeutics, Inc.

Share:

BERWYN, Pa., Feb. 6, 2018 /PRNewswire/ -- RM LAW, P.C. is investigating potential claims against the board of directors of Cascadian Therapeutics, Inc. ("Cascadian Therapeutics" or the "Company") (NASDAQ: CASC) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Seattle Genetics, Inc. in a transaction valued at approximately $614 million.

If you own shares of  Cascadian Therapeutics and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here.  You may also email Mr. Maniskas at rm@maniskas.com.  

Under the terms of the agreement, shareholders of Cascadian Therapeutics will receive $10.00 in cash for each share of Cascadian Therapeutics common stock.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Cascadian Therapeutics or not acting in the Company's shareholders' best interests in connection with the sale process. 

RM LAW, P.C. is a national shareholder litigation firm.  RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.  To learn more about the class action process, please visit: www.maniskas.com

CONTACT: RM LAW, P.C.
Richard A. Maniskas, Esquire
1055 Westlakes Dr., Ste. 3112
Berwyn, PA 19312
484-324-6800
844-291-9299
rm@maniskas.com

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/rm-law-announces-investigation-of-cascadian-therapeutics-inc-300594301.html

SOURCE RM LAW, P.C.

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com